Bright Beginnings Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 667,377 | 634,881 | 32,496 | 0.6 | 62% |
| 2019 | 907,418 | 846,937 | 60,481 | 1.3 | 61% |
| 2020 | 1,408,386 | 1,271,586 | 136,800 | 2.2 | 54% |
| 2021 | 1,520,311 | 1,462,667 | 57,644 | 3.7 | 53% |
| 2022 | 1,810,578 | 1,827,085 | −16,507 | 2.5 | 56% |
| 2023 | 1,492,631 | 1,488,128 | 4,503 | 3.1 | 59% |
In its most recent public year (2023), this organization brought in $4,503 more than it spent. Its reserves stood at about 3.1 months of spending, up from 0.6 in 2018. Staff pay was 59% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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